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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Bahraini Dinar/US Dollar (FOREX:BHDUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BHDUSD
Open High Low BHDUSD Price Change
2.65250 2.65330 2.65225 2.65330 +0.00080
Entry Signal

MarketClub’s Trade Triangles for BHDUSD

long term down The long term trend has been DOWN since Jan 13th, 2019 at 2.64335

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2018 at 2.64905

short term up The short term trend has been UP since Jan 15th, 2019 at 2.65325

Smart Scan Analysis for BHDUSD

Based on a pre-defined weighted trend formula for chart analysis, BHDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BHDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.65250 2.65330 2.65225 2.65330 +0.00080
Prev. Close Volume Bid Ask Time
2.65250 2.63480 2.67180 2019-01-15 18:41:44
Want to analyze Bahraini Dinar/US Dollar BHDUSD or another symbol? Try our Free Forex Trend Analysis Report.